[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
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  • 2026.10.10 11:35
  • [Sany Hydrogen Energy wins another green hydrogen equipment order]
  • On October 8, 2026, Sany Hydrogen Energy won the bid for the State Power Investment Da'an Green Hydrogen Project and was awarded a set of 1000 standard cubic meters of alkaline electrolysis hydrogen production equipment. On the same day, the 300000 ton SAF project with a total investment of 9.736 billion yuan was registered in Xinjiang.Editor/Gao Xue
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